Tuesday, March 31, 2020

ITI Funds launches ITI Funds® Crypto Index Fund based on ITI Funds Crypto Index

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MVIS is administrator for underlying index

FRANKFURT, Germany–(BUSINESS WIRE)–ITI
Funds
, a modern buy-side intermediary, advisory and asset management
business, has launched the ITI
Funds® Crypto Index Fund
(ISIN: LU1961130702), based on the ITI
Funds Crypto Index
(ticker: ITIFC), an index administered by MV
Index Solutions (MVIS).

The fund, which aims to give institutional investors access to the
crypto market, complements the income and fixed income funds already
launched by ITI Funds. It invests in cryptocurrencies from among the 30
most-capitalized crypto assets, including Bitcoin, Ethereum, XRP,
Bitcoin Cash, Litecoin, ZCash, Stellar, and Ethereum Classic. To be
included in the index’s investment universe, the assets must comply with
a list of strict rules: admittance to listing on recognized and licensed
exchanges, eligibility for insured cold storage and underlying liquidity.

A strict component capping of 15% applied to each index component on a
quarterly basis ensures a broad diversification. “We did that
intentionally to make sure other coins rather than Bitcoin can breathe
and you can enjoy their growth,” said Marat Krimskiy, project manager at
ITI Funds. “If you expect the crypto space to continue its bullish
trend, then now may be the right time to invest.”

Thomas Kettner, Managing Director of MVIS, added “We are very delighted
about the launch. ITI launched the first crypto product in the European
Union based on an index maintained by MVIS, after other jurisdictions
are already covered.”

Note to Editors:

About MVIS www.mvis-indices.com

MV Index Solutions (MVIS®) develops, monitors and licenses the MVIS
Indices, a selection of focused, investable and diversified benchmark
indices. The indices are especially designed to underlie financial
products. MVIS Indices cover several asset classes, including equity,
fixed income markets and digital assets and are licensed to serve as
underlying indices for financial products.

Approximately USD 13 billion in assets under management are currently
invested in financial products based on MVIS Indices. MVIS is a VanEck
company.

About ITI Funds www.iti-funds.com

ITI Funds is a modern buy-side intermediary, advisory and asset
management business within emerging and global markets. ITI Funds offers
a world-class controllable access to alternative investments and ETFs,
and the ability to use products with different risk characteristics and
investment horizons to investors and a high-end infrastructure and
technology, highly qualified and experienced operational management, and
coordinated distribution support to portfolio managers.

About ITI Funds Crypto SCSp

ITI Funds Crypto SCSp is based on the ITI Funds fund platform in
Luxembourg. The Fund offers a simple and convenient way to a one-click
investment in cryptocurrency index that tracks the performance of a list
of crypto assets from the top 30 market leaders. It allows to have an
exposure to the new asset class under secured and legally compliant
regulatory framework.

Important disclosure

The MVIS® indices are protected through various intellectual property
rights and unfair competition and misappropriation laws. In particular,
Van Eck Associates Corporation has registered the ‘MVIS’ trademark. You
require a license to launch any product whose performance is linked to
the value of a particular MVIS® index and for all use of the MVIS® name
or name of the MVIS® index in the marketing of the product.

Investments into crypto currencies and/or digital assets are subject to
material and high risk including the risk of total loss. The calculated
prices may not be achieved by investors as the calculated price is based
on prices from different trading platforms. Furthermore, an investment
into crypto currencies and/or digital assets may become illiquid
depending on the trading platform or investment product used for the
specific investment. Investors should carefully review all risk factors
disclosed by the relevant trading platform or in the product documents
of relevant investment products.

Contacts

Media and Index
Nibha Manandhar, MV Index Solutions
+49
(0)69 4056 695 22
media-enquiries@mvis-indices.com

Product
Contact (ITI Funds Crypto SCSp)

+44 (0) 20 3889 8333

Gleb
Yakovlev, Director
gleb.yakovlev@itifunds.com

Elio
Manca, Sales
elio.manca@itifunds.com

Marat
Krimskiy, Project Manager
marat.krimskiy@itifunds.com

(c)2018 Business Wire Inc., All rights reserved.
Original Release: Business Wire

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